China’s Zhejiang Xiehai Group is said to have ordered four bulker newbuildings at Cosco Shipping Heavy Industry Yangzhou Shipyard (Cosco HI Yangzhou).

According to shipbuilding sources, it has commissioned two newcastlemaxes and two kamsarmaxes to be delivered in 2024.

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Officials at Cosco HI Yangzhou and Zhejiang Xiehai were not available for comment.